The Mags have been released before, though without the futuristic lacing technology. Even with plain, old manually-tied laces, they're arguably the hottest collector's item in the sneaker industry, with pairs selling for thousands of dollars.

Nike first hinted at an unveiling on Tuesday, tweeting at Michael J. Fox.

We'll be sure to keep you updated with more updates as they come, so stay with us for more photos and news.

UPDATE: The sneakers will be auctioned off with the proceeds going to charity. Michael J. Fox tweeted a letter received from Nike designer Tinker Hatfield, detailing a 2016 release, benefitting Fox's foundation for Parkinson's Disease. So, sneakerheads who want a hard-to-find collector's piece while helping out a great cause: Start saving up some cash.